Markets slide as Nvidia shares plunge almost 10%
Stocks drop as disappointing US economic data dampened investor optimism about the AI boom.
FlowBank Liquidation: LCG Sale and Operations in the Balance
The liquidators of the bankrupt Swiss neobroker FlowBank have issued an updated circular to creditors, providing key updates on the ongoing proceedings. They are currently seeking a buyer for the bank’s 100% stake in London Capital Group Limited (LCG).
Former Director of Courtenay House Sentenced to 11 Years for $180 Million Ponzi Scheme
Tony Iervasi, the former director of Courtenay House, has been sentenced to 11 years in prison by the Supreme Court of New South Wales for his role in orchestrating a $180 million Ponzi scheme.
Financial Education Month 2024
Italy's Consob published a press release promoting Financial Education Month 2024, which is being supported by the EDUFIN Committee. The Committee is responsible for planning and promoting initiatives to raise awareness and financial education
Inefex Review: Unregulated Broker with Risky Withdrawal Issues
Inefex is an unregulated CFD broker with a poor reputation. Users report withdrawal issues, fraud, and scams. Avoid trading with this broker.
XPO RU, Something You Need to Know
In this review article, we will delve into XPO RUs' offerings, regulations, and other essential aspects to help you make an informed decision about this broker.
FINRA imposes $900k fine on Brex Treasury
Brex Treasury LLC has reached a settlement with the Financial Industry Regulatory Authority (FINRA) to resolve allegations related to its anti-money laundering (AML) compliance practices. As part of the settlement, Brex Treasury has agreed to pay a fine of $900,000 and accept a censure.
The Role of Crypto in the 2024 U.S. Election: Game-Changer or Just a Side Show?
As the 2024 U.S. election season heats up, one topic quietly gaining traction among political strategists, candidates, and voters alike is cryptocurrency. Will cryptocurrency play in the upcoming election? Could it be a game-changer, influencing policy debates, campaign funding, and even voter behaviour, or will it remain a niche issue on the political sidelines?
BSP Set to Follow Fed's Rate Cuts to Stabilize PH Peso vs USD
Philippines Central Bank (BSP) is set to follow the Fed's rate cuts to stabilize the PH Peso over USD, maintaining a favorable interest rate spread and supporting the economy.
WikiFX Skyline Guide to Debut After Review Completion
With great anticipation from global forex traders in the financial industry, WikiFX has officially announced the successful conclusion of SkyLine Guide’s rigorous selection and review process after several months of work. The SkyLine Guide is dedicated to providing global investors with a comprehensive and authoritative guide to local brokers in Thailand in a professional and neutral manner, setting a new trend in forex trading and establishing the “Michelin Guide” for the forex industry.
Forex4you quits Belarus, local website & office closed
Forex broker Forex4you has exited the Belarusian market as the country's forex market falls sharply. The broker's website, forex4you.by, and the local office in Minsk have been closed.
eToro Joins Bayer 04 Leverkusen as Official Trading Partner
eToro partners with Bayer 04 Leverkusen as their official trading partner, enhancing brand visibility in German football through innovative marketing strategies.
FT report reveals: Crypto contributes 40% of Telegram's revenue
A Financial Times report claims that digital asset activities, specifically the "sale of collectibles" and an "integrated wallet," accounted for a significant portion of the telegram app's revenue.
Tether Assists US DOJ in $5M Crypto Fraud Recovery
Tether aids US DOJ in recovering $5M from a crypto fraud scheme, highlighting its commitment to fighting illicit activities and supporting law enforcement.
Countdown Begins! "Deeper and Richer" — WikiEXPO Thailand is About to Open
Bangkok, Thailand — In this vibrant heart of Asia, a grand event gathering global fintech elites is about to commence. WikiEXPO, hosted by the internationally renowned fintech service provider WikiGlobal, will officially open on September 7th. This event, themed "Deeper and Richer," aims to deeply explore the potential of Thailand's financial market and connect global business wisdom and opportunities.
Questions to Ask Yourself Before Engaging with a New Online Trading Broker
To protect yourself from falling into broker scams, it's crucial to perform thorough due diligence before engaging with a new online trading broker. Here is a list of key questions you should ask yourself to ensure that you're making an informed decision.
Understanding the Key Differences between DeFi and CeFi
In this article, we’ll explore the fundamental differences between DeFi and CeFi, helping you understand which approach might be better suited to your needs.
Finalto sponsors the FT Alphaville quiz
Finalto is sponsoring the Financial Times Alphaville pub quiz, which will take place on September 26, 2024, in London. According to official Alphaville social media channels, the quiz is open to “financial nerds, legal geeks, economist dorks, etc."
Why Most Forex MLM Participants Never See Profits?
Forex-related MLMs have garnered significant attention, often for the wrong reasons. These Multi-Level Marketing (MLM) schemes typically promise participants substantial profits through foreign exchange (forex) trading, but the reality is often quite different. Here's a closer look at the phenomenon:
Gaming Blockchain Oasys Announces Partnership with Japanese Conglomerate SBI Holdings
Oasys, a Web3 gaming-focused blockchain project, has announced a strategic partnership with SBI Holdings, one of Japan's largest and most influential financial conglomerates.